Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[samson]

Banking holiday in USA for Veterans Day 11/11

This makes no difference at all. Any wires sent last Friday or Thursday will arrive as normal today.

It just means that new wires won't be sent today so any effect won't be seen until later - like tomorrow or Wednesday.

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[Odalv]

As a UK guy I'm keeping my holdings as a majority on bitstamp cause I trust the UK way more than Japan to get my money back to some degree should this ever happen

And what's the relation between UK and Bitstamp?  

Bitstamp is based in Reading, UK

On one hand if Bitstamp ripped me off I could pay them a visit, but on the other hand the Inland Revenue can get hold of information about any trades that I do there.  I like the way that the UK and US governments can't touch BTC-e though because it's in Russia

So they moved from Slovenia to UK.

No, of course they didn't.

Bitstamp is registered as a limited company in Reading, UK. I'd be surprised if there's anything more than a PO box with their name on it in that place.

So is this all bullshit?  https://bitcointalk.org/index.php?topic=38711.0

Well if you look at our site you probably see it is not like some over-the-night designed system running behind worldpress template. You can also clearly see our company info www.bitstamp.net/about_us/ , company is registered in Slovenia and we are all Slovenian citizens so we are obligated to follow strict laws and not hiding behind some Panama or Cyprus offshore companies. We also work with one of the leading banks in the world Unicredit bank.

We are currently working on some cool new features. I will post all new things here so you can be first to test it. We are always open for new ideas.

Your sincerely,
Nejc Kodric
www.BitStamp.net
Questions? -No problem! Mail me nejc.kodric@bitstamp.net

About Us
Bitstamp Ltd.

5 Jupiter House
Calleva Park, Aldermaston
Reading
Berkshire RG7 8NN
United Kingdom

Contact:

General info: info@bitstamp.net

[Zangelbert Bingledack]

Looks like getting goxed is officially still a thing.

[MickeyT2008]

As a UK guy I'm keeping my holdings as a majority on bitstamp cause I trust the UK way more than Japan to get my money back to some degree should this ever happen

And what's the relation between UK and Bitstamp?  

Bitstamp is based in Reading, UK

On one hand if Bitstamp ripped me off I could pay them a visit, but on the other hand the Inland Revenue can get hold of information about any trades that I do there.  I like the way that the UK and US governments can't touch BTC-e though because it's in Russia

So they moved from Slovenia to UK.

No, of course they didn't.

Bitstamp is registered as a limited company in Reading, UK. I'd be surprised if there's anything more than a PO box with their name on it in that place.

So is this all bullshit?  https://bitcointalk.org/index.php?topic=38711.0

Well if you look at our site you probably see it is not like some over-the-night designed system running behind worldpress template. You can also clearly see our company info www.bitstamp.net/about_us/ , company is registered in Slovenia and we are all Slovenian citizens so we are obligated to follow strict laws and not hiding behind some Panama or Cyprus offshore companies. We also work with one of the leading banks in the world Unicredit bank.

We are currently working on some cool new features. I will post all new things here so you can be first to test it. We are always open for new ideas.

Your sincerely,
Nejc Kodric
www.BitStamp.net
Questions? -No problem! Mail me nejc.kodric@bitstamp.net

About Us
Bitstamp Ltd.

5 Jupiter House
Calleva Park, Aldermaston
Reading
Berkshire RG7 8NN
United Kingdom

Contact:

General info: info@bitstamp.net

As I just said, that address is @UK, a company which registers businesses to its own address.  They's probably got hundreds of companies registered there.

[BlueTemplar]

Obligatory :
http://www.youtube.com/watch?v=K2ku1A5Ox8U

[Feri22]

i can't access the btcchina.com either...how about you guys?

[samson]

I don't understand why MtGox don't update their systems already. They've been talking about it for months now.

New servers, new software capable of hundreds of thousands of transactions per second.

Roll it out !

[Bitcoinreminder.com]

i can't access the btcchina.com either...how about you guys?

for me it works from europe..

[oda.krell]

As a UK guy I'm keeping my holdings as a majority on bitstamp cause I trust the UK way more than Japan to get my money back to some degree should this ever happen

And what's the relation between UK and Bitstamp?  

Bitstamp is based in Reading, UK

On one hand if Bitstamp ripped me off I could pay them a visit, but on the other hand the Inland Revenue can get hold of information about any trades that I do there.  I like the way that the UK and US governments can't touch BTC-e though because it's in Russia

So they moved from Slovenia to UK.

No, of course they didn't.

Bitstamp is registered as a limited company in Reading, UK. I'd be surprised if there's anything more than a PO box with their name on it in that place.

So is this all bullshit?  https://bitcointalk.org/index.php?topic=38711.0

Well if you look at our site you probably see it is not like some over-the-night designed system running behind worldpress template. You can also clearly see our company info www.bitstamp.net/about_us/ , company is registered in Slovenia and we are all Slovenian citizens so we are obligated to follow strict laws and not hiding behind some Panama or Cyprus offshore companies. We also work with one of the leading banks in the world Unicredit bank.

We are currently working on some cool new features. I will post all new things here so you can be first to test it. We are always open for new ideas.

Your sincerely,
Nejc Kodric
www.BitStamp.net
Questions? -No problem! Mail me nejc.kodric@bitstamp.net

About Us
Bitstamp Ltd.

5 Jupiter House
Calleva Park, Aldermaston
Reading
Berkshire RG7 8NN
United Kingdom

Contact:

General info: info@bitstamp.net

As I just said, that address is @UK, a company which registers businesses to its own address.  They's probably got hundreds of companies registered there.

Forget it, Taxidermista seems to be going full retard at the moment.

It's really pretty simple. Based on publicly available information, Bitstamp Ltd. is:

a) a limited company registered in the UK

b) with, as far as I can tell, all or nearly all of their operations based in Slovenia

c) with a bank account at UniCredit Slovenia.


Conclusion: They are *formally* a UK company, but don't get your hopes up that UK law will help you much if, for some reason, their operations should go belly up. They are *de facto* a Slovenian company.

Disclosure: I do most of my trading at bitstamp.

[dserrano5]

Google Earth/Street View shows that address as a small industrial/office unit, and I don't see any sign on the building with Bitstamp written on it either.

What makes you think that the google car photographed that area recently enough for bitstamp to exist?

[gambitv]

Looks like getting goxed is officially still a thing.

MtGox Lag

<SarahCoinBit> We have 24 hour support and there are people watching, the issue has been esculated and will hopefully be resolved as soon as possible
[11:41] <Boxman90> SarahCoinBit are you migrating to MIDAS atm and is that causing the outage? Simple yes or no will suffice.

[11:41] <+SarahCoinBit> Boxman90: No.  I'm pretty sure it's just ddos

[11:52] <+SarahCoinBit> kanch: We're running a bit slow at the moment, sorry.  It's most likely ddos related

from reddit http://www.reddit.com/r/Bitcoin/comments/1qdpjv/mt_gox_is_down/.

[Feri22]

i can't access the btcchina.com either...how about you guys?

for me it works from europe..

work for me now too, but not if you type just url btcchina.com...you must use the whole url with www...i guess the problem is not ddos, but only wrong or no redirecting on the url without www...

[proudhon]

i can't access the btcchina.com either...how about you guys?

for me it works from europe..

work for me now too, but not if you type just url btcchina.com...you must use the whole url with www...i guess the problem is not ddos, but only wrong or no redirecting on the url without www...

Works for me from East Coast US.

[jojo69]

uh, what's the problem?

[Walsoraj]

uh, what's the problem?

Crashing to single digits. Sell as fast as you can. 

[N12]

Cancel sell orders. Withdraw bitcoins. Emptygox.

[BitchicksHusband]

Cancel sell orders. Withdraw bitcoins. Emptygox.

Good luck with that.  Wish you well.

[ChartBuddy]

[NUFCrichard]

And people say that bitcoin is too volatile!

[maz]

Looks like getting goxed is officially still a thing.

MtGox Lag

<SarahCoinBit> We have 24 hour support and there are people watching, the issue has been esculated and will hopefully be resolved as soon as possible
[11:41] <Boxman90> SarahCoinBit are you migrating to MIDAS atm and is that causing the outage? Simple yes or no will suffice.

[11:41] <+SarahCoinBit> Boxman90: No.  I'm pretty sure it's just ddos

[11:52] <+SarahCoinBit> kanch: We're running a bit slow at the moment, sorry.  It's most likely ddos related

from reddit http://www.reddit.com/r/Bitcoin/comments/1qdpjv/mt_gox_is_down/.

Do you think they just use the convenient excuse of DDOS as a reason for their incompetence?